3005 Portland Rd NE

Property feature image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Address: 3005 Portland Rd NE, Salem, OR 97301, USA
Seattle & Northwest + Land/Development
Created date: July 30, 2025
Date last updated: September 24, 2026
Price: $365,000Investment Analyzer NEW!
  • Five Tax lots totaling approximately 23,522 SF /.53 Acres
  • IC Zoning with Portland/Fairgrounds Overlay
  • North Gateway Urban Renewal Zone (See link for more info)
  • Tax Lots 526418, 526416, 526415, 526413, 526410

Property Description

Consisting of five tax lots totaling approximately .53 acres, is ideally situated near I5 and boasts urban renewal incentives. With its advantageous location and IC zoning with Portland/Fairgrounds Overlay, this offering holds immense potential for development. Urban Renewal allows for a 1:1 match of applicable expenses (see link for details). Example: $600,000 is spent on applicable costs, Buyer can get up to $300,000 reimbursed.

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: Land/Development
Price: $365,000
Lot Size: 0.54 Acres
Opportunity Zone: No
Property Website Click Here
Address: 3005 Portland Rd NE, Salem, OR 97301, USA
Provided by:

Investment Analyzer

Step 1Financing Calculation

$
$
%
$
%
$
$

Step 2Gross Rent Analysis

Please enter annual amounts.

$
$
%
$
%
$
%
$
%
$
%
$
%
$
%
$
$

Step 3Cap Rate Calculation

%
$
%

Step 4Final Deal Analysis

$
$
%
%
$
$

Similar Properties in the Area

1310 N 16th Ave

Yakima, Washington
Seattle & Northwest + Land/Development
Price: $438,431

104 W Washington Ave

Union Gap, Washington
Seattle & Northwest + Land/Development
Units: 1
Price: $495,000

3801 1st Ave S

Billings, Montana
Seattle & Northwest + Land/Development
Price: $890,000

Brokers

View All

Lenders

View All